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Investment Company (The) (LSE:INV) Cyclically Adjusted Price-to-FCF : 29.42 (As of May. 31, 2024)


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What is Investment Company (The) Cyclically Adjusted Price-to-FCF?

As of today (2024-05-31), Investment Company (The)'s current share price is £3.53. Investment Company (The)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was £0.12. Investment Company (The)'s Cyclically Adjusted Price-to-FCF for today is 29.42.

The historical rank and industry rank for Investment Company (The)'s Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LSE:INV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17   Med: 26   Max: 186.75
Current: 29.89

During the past 13 years, Investment Company (The)'s highest Cyclically Adjusted Price-to-FCF was 186.75. The lowest was 17.00. And the median was 26.00.

LSE:INV's Cyclically Adjusted Price-to-FCF is ranked worse than
64.13% of 499 companies
in the Asset Management industry
Industry Median: 19.83 vs LSE:INV: 29.89

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Investment Company (The)'s adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was £-0.025. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is £0.12 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Investment Company (The) Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Investment Company (The)'s Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Investment Company (The) Cyclically Adjusted Price-to-FCF Chart

Investment Company (The) Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.89 18.41 18.29 20.54 29.03

Investment Company (The) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 20.54 - 29.03 -

Competitive Comparison of Investment Company (The)'s Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Investment Company (The)'s Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Investment Company (The)'s Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Investment Company (The)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Investment Company (The)'s Cyclically Adjusted Price-to-FCF falls into.



Investment Company (The) Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Investment Company (The)'s Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.53/0.12
=29.42

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Investment Company (The)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Investment Company (The)'s adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.025/129.4000*129.4000
=-0.025

Current CPI (Jun23) = 129.4000.

Investment Company (The) Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.144 99.800 0.187
201506 0.128 100.100 0.165
201606 0.129 101.000 0.165
201706 0.140 103.500 0.175
201806 0.095 105.900 0.116
201906 0.177 107.900 0.212
202006 0.134 108.800 0.159
202106 0.021 111.400 0.024
202206 -0.008 120.500 -0.009
202306 -0.025 129.400 -0.025

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Investment Company (The)  (LSE:INV) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Investment Company (The) Cyclically Adjusted Price-to-FCF Related Terms

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Investment Company (The) (LSE:INV) Business Description

Traded in Other Exchanges
N/A
Address
Courtenay Street, Suite 8, Bridge House, Newton Abbot, Devon, GBR, TQ12 2QS
Investment Company (The) PLC is engaged in the investment of equity securities. Its investment objective is to protect the purchasing power of its capital in real terms and to participate in enduring economic activities which lend themselves to genuine capital accumulation and wealth creation.

Investment Company (The) (LSE:INV) Headlines

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